Title :
On problems of electricity transaction profit for triple-area power systems
Author :
Bin, Liu ; Na, Cai ; Nan, Jiang ; Jing Yuanwei
Author_Institution :
Coll. of Inf. Sci. & Eng., Northeastern Univ., Shenyang
Abstract :
The problem of electricity transaction cost among areas is investigated under power market. To the triple-area power system with the assumption of multiple transactions among areas, the existence of wastage in the network transmission is considered. The condition that each area gets the maximal profit is presented based on the minimum cost model. Finally, a numerical example is given. The trade price of every area and corresponding profits are obtained.
Keywords :
costing; power markets; power system economics; profitability; electricity transaction cost; electricity transaction profit; minimum cost model; network transmission; power market; trade price; triple-area power systems; Control systems; Power system control; Power systems; Electricity Transaction and Cost Minimum; Power Systems; Triple-Area;
Conference_Titel :
Control and Decision Conference, 2008. CCDC 2008. Chinese
Conference_Location :
Yantai, Shandong
Print_ISBN :
978-1-4244-1733-9
Electronic_ISBN :
978-1-4244-1734-6
DOI :
10.1109/CCDC.2008.4597922
